Solved

Goods in Transit Are Included in a Purchaser's Inventory

Question 226

Multiple Choice

Goods in transit are included in a purchaser's inventory:


A) At any time during transit.
B) When the purchaser is responsible for paying freight charges.
C) When the supplier is responsible for freight charges.
D) After the half-way point between the buyer and seller.
E) If the goods are shipped FOB destination.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions